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South Korean Won Recovers as Dollar-Won Rate Closes at 1,347.1

The rate fell 9.5 won from the previous close after opening at 1,363.0 won per dollar.

Updated 1 min read
A clerk receives a South Korean won banknote at an exchange counter in Seoul. / EconoTimes.ai
A clerk receives a South Korean won banknote at an exchange counter in Seoul. / EconoTimes.ai

South Korea’s won finished stronger against the U.S. dollar Monday after reversing an early decline, leaving the exchange rate below 1,350 won per dollar and near its strongest level of 2026.

The dollar-won rate closed at 1,347.1 in Seoul, compared with 1,356.6 at the previous session’s close on Nov. 6. The 9.5-won drop meant it took fewer won to buy a dollar at Monday’s close.

The rate had opened at 1,363.0 won per dollar, 6.4 won above the Nov. 6 close. It then fell 15.9 won from its opening level. A lower dollar-won rate reflects a stronger won.

Monday’s finish was 24.0 won above the 2026 low of 1,323.1 set Oct. 26. The rate remained much closer to that low than to the year’s high of 1,555.8, reached July 2. It was also below the 1,418.3 recorded on Aug. 14.

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